HOYA Corporation

Q2 FY2022 Earnings Presentation

October 27, 2022

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Forward Looking Statement

HOYA may make comments and disclose information which include forward-looking statements with respect to HOYA's plans and future performance. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements and are based on management´s assumptions and beliefs in light of the information available when such statements were prepared, including exchange and interest rates, international situations, market trends and economic conditions, competition, production capacity, estimates of revenues, operating margins, capital expenditures, cash, other financial metrics, expected legal, arbitration, political, regulatory, clinical or research and development capabilities, results or practices, customer patterns or practices, reimbursement activities and outcomes, effects of pandemics or other widespread health problems such as COVID-19, and other such estimates and results. HOYA does not guarantee the accuracy or completeness of such information and HOYA does not undertake any obligation to update any forward-looking statements as a result of new information, future events or otherwise.

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Key Takeaways

  1. Record quarterly sales and pretax profit amid a challenging global external environment
  2. Life Care business maintained momentum: all major products achieved sales growth
  3. In the Information Technology business, although the shrinkage of HDD substrates increased and imaging sales also declined, robust sales of the semiconductor blanks and the FX contributed to overall growth

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Financial Overview

(bn)

Q2 FY21

Q1 FY22

Q2 FY22

YoY

QoQ

Revenue

162.6

180.2

184.1

+13%

+2%

Pretax Profit

54.0

61.5

61.8

+15%

+0%

Net Profit

43.0

48.4

47.3

+10%

-2%

Cf. Operating Profit

49.2

54.2

53.9

+9%

-1%

Cf. Operating Profit

30.3%

30.1%

29.2%

-1.1ppt

-0.9ppt

Margin

  • Due to the depreciation of the yen, revenue increased 16.7 bn & PTP increased 5.4 bn FX rates: USD@139.35, EUR@139.53
  • Excluding the FX translation impact, the real growth rate was revenue +3% and PTP +5% YoY
  • The gap between PTP & OP is mainly due to FX gains (6.3 bn) and increase in interest income

(1.6 bn)

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© 2022 HOYA CORPORATION All Rights Reserved

Life Care

(bn)

Q2 FY21

Q1 FY22

Q2 FY22

YoY

QoQ

Revenue

99.1

110.8

118.8

+20%

+7%

Pretax Profit

23.4

25.0

27.4

+17%

+10%

Cf. Operating Profit

19.8

21.6

23.2

+17%

+7%

Cf. Operating Profit

19.9%

19.5%

19.5%

-0.4ppt

+0.0%

Margin

  • Constant currency basis: Revenue +10%; PTP +9%

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Hoya Corporation published this content on 27 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2022 04:43:07 UTC.